New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-09
WALL STREETS HEARTY APPROVAL.

vEtI-KNOwN MN PRAISE TIE INTEHvIEw-A
BRILLIANT, TIMELY AND Fo8ClBLE DOCUMENT.
The Interview was a topic of interesting discussion
In Wall Street circles. While, naturally partisan
feeling coorcd some of the criticisms made upon MI
Blane's views, there were Democrats candid enough
to admit that the statements made with clear
ness, ability and strength. Among the RepuDicah
brokers tho general sentiment wa, one OF cOnsraiuia
ton and delight. Coming at critical iunctnlo In thc
prec pit alton Of tariff discussion by Mr. Cleveland tho
interview was recognized Of rcassnrins charac er
While 1t the issue radically raised by the Chcl
Executive and did hesitate to point out the az as
ter that would be the sqre o. any legislative ADOPTION
of the Presidents views the Interview. many thought
would exert a conservative influence uioh congress-
The friend, of Protection ally pleased and
patisans praised the statement as one Calculated 10
strengthen the Republican party in the next National
campaign. A general feeling exists in Wall street
that the disposition OF the Treasury accumuatonS IS
question that must be met and decided lefOre thorough
confidence is restored in financial cliTles ana many
brokers are glad that the settlement will probably In
vUve decision the Issue OF protective or revenue
tariff at last Many RAILROAD men and bankers had not
read the interview with sufc 10 be ale to ex
press a public opinion on its contents rser'ing II ior
a thorough pcrusal in the evening; but among those
who had dIgcstcd It, numerous strong approving oph-
ions expressed.
A RAILROAD PREsIDENTS PRAISE.
Samuel Sloan president of the Delaware, LacLa-
wanna and Western Railroad said " How does the
interview STRIFE me? Most favOrably. Mr.. Blame
meets tho Issue laid down by Mr. Cleveland in bold
manly and straightforward way What he says Is
clear and to tho point, and receives my hearty ap-
pr,v.l /, IS an excellent thing that the issue +
made and although in making think that the Pcsi-
don't has probably done himself HARM II viii present
the question t. the voters to dccid' AMI have no
doubt of the result as affecting American inhnS'IV
That IS bound to win The interview with Mr. Bla ne
comes at the RI Int lunetuie sni mescn's he pro'cc-
ff.n ID In terly 4 I'D
composition as we'll home protection but the cOun-
try needs the protective tariff. cordially approve
Mr. Bialne's suggestions with regard to the removal
of tho tax on tobacco as an efficient means for r.
ducing the surplus revenue. think II IS certain th"
Congress will adopt this idea, which is most valuable
suggestion"
George D. Morgan was Thoroughly pleased with tic
Interview but did not to have all the views he
expressed atachco to his name. IL stated, ho"e'er'
that he considered Nj. Blsnc's statements admirable
in tone. They were ably formulated and were most
timely. The suggestion with rogaId 20 the tobrco
tax was excellent and Congress could harry fail to
carry it out
SCATTER 1T FAR AND WIDE
Il. G. Clarke president OF tho Thomas Iron Com
pany in res ponso to a request for his opinion the
Interview with Mr.. Blaine. replied " An Interview"
n docsn'' need an Interview. Just scatter Mr. Banes
Interview broaica5t AMI you neci not fear the result
can add nothing to IT II meets my views to the very
letter Tho statement is clear, thorough. convincing
and could DO improved. With that as a campaign
document the Republican party need not fear TO meet
the issue raised by the President They need nothing
else really for exposition OF the doctrine OF pro
tecfon Tho statement cOuld not have been made at
betcr time and Congress Will hardly dare TO carry
out the plans Of the President The suggestion made
regarding the tax tobacco will make a decided hit
AS Mr. Blaino says. IL has become necessity To tho
worAingman and he could better give up potato
day than go without his tobacco. There is danger
OF oppressive prices because protest Industries.
II In your business you arc making too big profits
some ono will 60 Into 1t, saying: want little of
that money Protection does not give excessive
prices; competition be relied upon to prevent
that When had free trade, steel rails sold al $40
ton We placed duty Of $17 on foreign rail, and
glad TO sell homo nufactnre at S32. MIR.
Blaine also shows clearly that II We wish TO reduce
the surplus, do not want to do IT by reducing
duties You could easily put down the tariff
rails TO point which would wipe out every mill and
furnace in the country and yet Increase the ennes
Rom duties fvefod- Tho steel rail- manufacturers
bere bear q heavy burden In transport alton charges
Tho English lay down rails la this hsrbor
cheaper cost Of transI Ortation than get from
Scranton to New-YOrl-" In c0ncl sion Mr.. Clarke
declared that the laboring interests we'll the
nsnuacturer could not fall to decide tho issue favor